This can be offered in the form of a company retirement plan known as a deferred profit-sharing plan (DPSP). The Internal Revenue Service (IRS) limits the amounts that can be awarded annually ...

A profit-sharing plan gives employees a portion of the profits a company earns. This type of retirement plan, which is also known as a deferred profit-sharing plan, provides a discretionary ...

Similarly, deferred profit-sharing plans enable owners to set aside profits for retirement with substantial tax benefits and flexibility. 2. Develop a strong investment portfolio. Passionate about ...

Ronnie Kaufman / Getty Images Two retirement plan options for employees of small businesses are the simplified employee pension (SEP) IRA and the solo 401(k)— both of which are tax-deferred plans ...